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Multi-Generational Family Business – A Guide to Successful Succession

Mary WhitesideRick Segal

Family businesses are unique and complex differing in many ways from non-family businesses. For those family businesses preparing for the next generation to transition and succeed, they need to expect all kinds of issues to arise that can cause conflict. Family members have questions and expectations: who is moving out? Moving in? Moving aside? The new generation has ideas and strategies which could very well be different from how Grandpa used to do it.  Succession planning is key to this transition process. Change does not happen over night.  Support from family business experts can frequently facilitate the way to a productive succession.

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Stories For Hope: The Next Generation In Post-Conflict Rwanda Seeks To Break The Silence

For over two years, my non-profit has trained counselors in Rwanda in narrative psychology, for the sake of Rwanda’s newest generation.  So far we have collected and publicly archived 100 intergenerational dialogues between young adults and their elders, and our evaluations suggest this has been very positive for both generations, as a spur toward reconciliation, and healing.  We will discuss the Questions young people in Rwanda are asking about the post, and the answers from their elders in a dialogue project. 

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